Mercantilism
When the value of exports exceeds the value of imports.
What is a Positive Trade Balance?
The Agricultural Revolution.
What is the Improvement of the Technique and Technology to icrease the output of agriculture?
What are the 13 colonies?
The concept that under a Mercantilist perspective is equal to Economic Power.
What is Political Power?
The main resources that enabled promoted the emergence of the Industrial Revolution in Great Britain.
What is Coal and Iron?
The name of the first successful British settlement in North America.
What is Jamestown, Virginia?
They are the Objectives of Colonization.
What are the Control of Resources and Captive Markets?
What happened during the Industrial Revolution.
What was the transition form producing everythin by hand, to produce it through machines?
The three different divisions of the British colonies.
What were the New England, Middle and Southern Colonies?
Wealth comes form land, Limited natural resources, and Money scarcity.
What are the characteristics of Pre-Capitalist societies?
A strong and long lasting parliamentary system that provided laws, that created an environment of peace and security.
How did Political Stability promoted the rise of Industrial Revolution in Great Britain?
The main economic activity of the Southern Colonies.
What was Tabacco plantations?
They are the Legacy of Mercantilism.
What are Protectionism, Market Competition and Inequality among Nations?
An efficiency rise in the production of agriculture that enabled people to advocate their time to other endevours like science and technology development.
How did the Agricultural Revolution promoted the emergence of the Industrial Revolution in Great Britain?
The Southern Colonies.
What was conformed by Georgia, Virginia, Maryland, North Carolina and South Carolina.